Asian Market Update

Asian markets mostly rose in early trade Wednesday as hopes grew for a breakthrough from crucial meetings at which Greece will try to convince its European creditors to renegotiate terms of its bailout.

Dealers were given a positive lead from New York and Europe, even after Greece's combative leaders vowed not to bow to German-led pressure to complete an austerity-laden agreement, leading to fears Athens will default and exit the eurozone.

Hong Kong was 0.65 per cent higher, Seoul added 0.47 per cent, Shanghai put on 0.20 percent and Taipei gained 0.69 per cent while Sydney eased 0.62 per cent.

Tokyo was closed for a public holiday.

SGX Singapore Opening Market Update

SINGAPORE share prices opened higher on Wednesday with the Straits Times Index up 6.11 points to 3,440.35.
Volume was 63.7 million shares worth S$56 million.
Gainers outnumbered losers 78 to 55.

S&P Market News Update

U.S. stocks finished lower Friday as investors shrugged off a strong jobs report, which had provided a lift earlier in the day, and turned to fresh concerns about Greece.

The S&P 500 SPX, -0.34%  fell 7.05 points, or 0.3%, to close at 2,055.47 on Friday, according to preliminary FactSet data. That left the benchmark up 3% for the week, representing its largest weekly gain since mid-December, though it’s down 0.2% for the year.